Washington's Venezuelan Oil Push Falters on Funding Questions
17 Articles
17 Articles
A week after the attack on Venezuela, US President Donald Trump hosted at the White House the executives of oil companies that could take over the trading of Venezuelan oil.
America's President Donald Trump has invited the large oil companies to the White House. He promises security guarantees for them to become active in Venezuela. But their interest remains lukewarm – the country is "uninvestable".
US President Trump expects his country's oil companies to invest massively in Venezuela. It is clear that there is agreement after a meeting. However, it is unclear whether there will be rapid investments.
Repsol CEO and former president of the PNV has been present at the meeting of the US president with several oil companies...
The U.S. president met with the sector's leaders on Friday in the White House to discuss future investments in Venezuela, a week after the U.S. military operation that led to the capture of its president, Nicolas Maduro.
Washington's Venezuelan Oil Push Falters on Funding Questions
A week after President Donald Trump’s bold talk about U.S. oil majors “going in and spending billions” to revive Venezuela’s wrecked crude industry, the administration is now walking back the idea of direct U.S. cash backing for that effort, even as it convenes a who’s-who of energy executives at the White House. Earlier in the week, Trump publicly portrayed Venezuela’s reopening to Western oil investment as a near-done deal, framing multi-billi…
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